Currency crises and purchasing power parity in the asian countries: Evidence based on second-generaton panel unit-root tests

This study applies a second-generaton panel unit-root tests to determine the stochastc propertes of real exchange rates for 14 Asian countries. Based on three popular alternatve definitons of a currency crisis, we identfy the several important currency crisis episodes in the region. The purchasing p...

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Bibliographic Details

Main Authors:	Soon S.-V., Baharumshah A.Z., Md Shariff N.S., Ibrahim S.
Format:	Article
Language:	English en_US
Published:	Malaysian Economic Association 2024
Subjects:	Asian Cross-sectonal dependency Real exchange rate Second-generaton models
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